Gold (GC) Intra-day Analysis 05 Dec 2019

Further Advance

Our Pivot:1474.20

Our Preference: Buy above 1478.50 with strict stop loss of 1474.20 and target at 1487.00 and 1491.15.

Alternate Scenario: Downward penetration of 1474.20 will call for 1468.30.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.